Investor relief grows as US government shutdown edges closer to resolution

Markets rally as US shutdown nears resolution; easing liquidity pressures and renewed focus on inflation and jobs data.

positive
Recently

Investor relief grows as US government shutdown edges closer to resolution

1 min read76 words
Investor relief grows as US government shutdown edges closer to resolution
Markets rally as US shutdown nears resolution; easing liquidity pressures and renewed focus on inflation and jobs data.
Futures markets in the United States rose as the Senate advanced a stop-gap funding bill, signaling an imminent end to the historic federal government shutdown. The easing of this key macro risk spurred a rebound in risk assets and lowered Treasury bill yields, reflecting reduced liquidity pressures in money markets. Analysts noted that with the data-flow disruption ending, focus will shift toward upcoming employment and inflation data that could shape the Federal Reserve’s next policy move.
Sentinel